Valuechain - Nigeria's foremost Online Energy News Platform

By Saidu Abubakar Every dollar that is spent on research and development (R&D) translates to prosperity, growth and productivity, and of course, ultimately employment, the General Manager, Research, Statistics and Development of…
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...Analysts on average had been expecting a drop of 3.5 million barrels By Teddy Nwanunobi Oil prices climbed on Wednesday, after the industry’s data indicated huge drawdown in crude oil stocks in the United States, the world’s…
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By Teddy Nwanunobi American multinational energy corporation, Chevron, has rolled out plans toward meeting its energy transition, through the investment of more cash in new low carbon sources. The Chairman and CEO, Michael Wirth,…
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“When I look at the books of Nigerian banks today, I don’t see a lot of dollar liquidity. It’s becoming a very difficult deal for people to pull off" By Teddy Nwanunobi Shell’s asset divestment in Nigeria has suffered a setback…
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*Remits N68bn to NDDC in 19 years By Teddy Nwanunobi ExxonMobil has warned that Nigeria stands the risk of losing 90 per cent of its foreign exchange earnings, if crude oil fails in the future. Speaking during an interaction…
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Earlier today, GMD of the NNPC, Mallam Mele Kyari received, in audience, the new Managing Director and Chief Executive Officer of the Nigeria Liquefied Natural Gas (NLNG) Limited, Dr. Philip Mshelbila. Dr. Mshelbila took over from Engr.…
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By Teddy Nwanunobi Oil marketers, under the aegis of Major Oil Marketers Association of Nigeria (MOMAN), have protested the Federal Government’s reintroduction of Value Added Tax (VAT) on the imported Liquefied Petroleum Gas (LPG),…
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By Teddy Nwanunobi The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the SPDC Joint Venture host communities of the Assa North and…
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By Teddy Nwanunobi The new Managing Director of the Nigerian Liquefied Natural Gas (NLNG), Dr. Philip Mshelbila, has assured early completion of the Train 7 project, as well as executing more Final Investment Decisions (FIDs)…
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By Teddy Nwanunobi Key countries in North Africa are seeking investment partnership with Nigeria in gas supply, as Nigeria’s gas supply to European markets has begun to generate interest. The head of Algerian state-owned oil firm…
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